VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF FLORIDA (EIN 596162561) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

Jack McDermott

Phone

5618429110

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF FLORIDA, founded in 1962, is a micro nonprofit that reported $68K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $21K, a strong 30% operating margin.

Mission

Aid and assistance to veterans and their families. Promote patriotism within our community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,665

Program Service Revenue $0

Investment Income $21,925

Other Revenue $39,565

TOTAL REVENUE $68,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $47,560

TOTAL EXPENSES $47,560

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,155	$63,007	+0.1%
Expenses	$47,560	$51,581	-0.1%
Net Income	$20,595	$11,426	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

198

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Rich	Commander	5.00	Officer	$0	$0	$0
Robert McQuaid	Sr Vice Commander	5.00	Officer	$0	$0	$0
John Liguori	Jr Vice Commander	5.00	Officer	$0	$0	$0
Jack McDermott	Adjutant Quartermaster	15.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$68,155	$47,560	$818,451	$20,595
2024	$63,007	$51,581	$797,856	$11,426
2023	$43,829	$45,150	$765,133	$-1,321

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF FLORIDA